No. The MSC quarterly issued on 6 August gave no guide, but said:
Tin prices continue to trend upwards, lifted by continued demand for tin solder in consumer electronics, and supply disruptions due to lockdowns in tin producing countries around the world (Malaysia included), voluntary production cuts in Brazil and Indonesia, and political turmoil in Myanmar. The outlook for tin demand is promising from its continued use in semiconductors, electronics, home appliances, photovoltaics, automotive, and lithium-ion batteries.
Covid-19 pandemic remains a threat despite availability of vaccines worldwide. Uncertainties persist about the future course of the pandemic and its further economic and social consequences arising thereafter. In response to the COVID-19 pandemic, the Group has implemented various precautionary measures at its factories and offices to minimise the risk of COVID-19 infections and to ensure compliance with the standard operating procedures imposed by the Government. We are hopeful that the Government’s intensified vaccination programme will curtail the spread of COVID19 infections thus giving the economy greater confidence for recovery in the near term.
The Group remains cautious, and will continue to focus on its operational efficiencies and improve on all areas of operations, technology, manpower and logistics. The operation in the Pulau Indah plant, using the newer and more efficient technology and a more productive work force, is currently in the testing stage and it is expected to be fully commissioned by late 2021/early 2022. With the utilisation of the ISASMELT furnace, we will reduce operational and manpower costs, while improving our carbon footprint. Once the move is completed, we can expect higher operational efficiency.
Nothing newer on their site, though the lockdown regulations suggest manufacturing and mining companies will be able to increase output as Vax levels rise.
There are at least some signs that Malaysian lockdown and increasing vax are starting to slow the growth in cases and deaths.
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